Regulator agrees to review ITV1 advertising 'straitjacket'



 
Regulator agrees to review ITV1 advertising 'straitjacket'


Michael Grade, chairman of ITV, has cleared another major hurdle in implementing his recovery strategy for the broadcaster after UK regulators agreed to conduct a review of the regime that limits how much the company can charge advertisers on its flagship ITV1 channel, a mechanism that the media industry veteran has described as "a straitjacket".

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News entry number 1068 added on Sep 7, 2007 in the Business News category.

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